Forex Market

On Thursday, Speaker Kevin McCarthy voiced optimism that negotiators have a structure now and are working two or three times a day. DeSantis suggests only he could beat Biden ahead of the expected 2024 launch. McCarthy also praised Biden’s picks to lead the talks – a move by the White …

On Thursday, Speaker Kevin McCarthy voiced optimism that negotiators have a structure now and are working two or three times a day. DeSantis suggests only he could beat Biden ahead of the expected 2024 launch. McCarthy also praised Biden’s picks to lead the talks – a move by the White …

According to an interview with James Bullard, president of the St. Louis Federal Reserve, raising interest rates even more would be a good “insurance” strategy against inflation, the Financial Times reported on Thursday.According to the Financial Times, Bullard stated that he will retain a “open mind” going into the next …

The Bank of Canada has released its Financial System Review (for 2023), which expresses increased concern compared to last year about the ability of households to pay their debts.In the document, the BoC noted that the spillover effects on Canada from recent stress in the global banking sector have been …

European shares started higher on Thursday, reflecting a sense of optimism on Wall Street, on the back of indications that Washington is close to reaching an agreement on raising the US debt ceiling and avoiding default. By 0708 GMT, the pan-European STOXX 600 index was up 0.4%. Auto and technology …

The dollar settled near a seven-week high on Thursday after positive indications from US President Joe Biden and Republican House Speaker Kevin McCarthy on debt ceiling talks. On Wednesday, Biden and McCarthy confirmed their intention to reach an agreement soon to raise the government debt ceiling of $ 31.4 trillion, …

Gold prices moved slightly on Thursday after a rally in the dollar and increased optimism about talks to raise the US debt ceiling dampened the yellow metal’s safe-haven appeal. The spot gold price remained unchanged at $1,979.76 an ounce by 0445 GMT. US gold futures fell 0.1 percent to $1,982.60. …

Wall Street indices increased by more than 1%, but the US dollar declined as market mood improved. But the US dollar received support from higher yields. The odds of a rate hike in June increased due to positive US economic statistics, optimism about a debt ceiling agreement, and a decrease …

The European Central Bank has completed most of its historic monetary-tightening campaign but there remains some ground to cover, according to Vice President Luis de Guindos.Without revealing where he sees the peak in interest rates, Guindos said Wednesday that future ECB decisions will hinge on data in the coming months. …

At the time of writing, the price of gold ranges between $1983.20 to $1983.65 per ounce. According to analysts who are long active gold at $1994/oz, the market selloff in gold is almost over, and prices will next reach new all-time highs as they anticipate imminent selling exhaustion in precious …